Pitigoi Cosmin, the Chief Financial Officer of Flywire Corp, has sold 19,468 shares of the company’s stock. This transaction occurred on November 2, 2026, and was disclosed in a recent filing with the SEC.
The sale is part of a previously adopted Rule 10b5-1 trading plan, which allows company insiders to set up a predetermined schedule for selling stocks to avoid allegations of insider trading. The shares were sold at a weighted average price of $20.0586, with individual transactions occurring between $20.00 and $20.24.
Background
Flywire Corp, identified by CIK 0001580560, operates in the business services sector, specifically classified under Services-Business Services, NEC. The company is incorporated in Delaware and has its business address at 141 Tremont Street, Suite 10, Boston, MA. Its fiscal year ends on December 31.
What the Filing Says
The SEC filing, accession number 0001628280-26-070107, details that the shares sold by Pitigoi were part of a planned trading strategy. The filing notes, "Shares were sold pursuant to a previously adopted Rule 10b5-1 trading plan." Following this transaction, Pitigoi retains ownership of 837,107 shares.
Impact
This sale may affect Flywire Corp’s market perception, as insider transactions can signal the confidence of company executives in the firm's future. Investors and analysts will likely scrutinize such transactions to assess the company's health and prospects.
What's Next
The filing does not say what happens next.
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